Russia

GV Gold (Vysochaishy) decides not to acquire Zoloto Kamchatki

GV Gold (Vysochaishy), controlled by shareholders of Lanta-Bank, has decided not to acquire the gold mining company Zoloto Kamchatki from the Renova Group of Companies.

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In Q1, production of rolled metal in Russia grew by 2%

In January-March 2018, index of industrial production in Russia compared to the same period in 2017 amounted to 101.9%.

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Gazpromneft to make decision on Shakal project in Iraqi Kurdistan before the end of 2018

Gazpromneft will decide on further development of the Shakal project in Iraqi Kurdistan before the end of 2018.

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Severstal may pay dividends for Q1 in the amount of 38.32 rubles

Severstal's Board of Directors has recommended that the annual general meeting of shareholders approve dividend payments for three months ended on March 31 2018 in the amount of 38.32 rubles pe

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Novak: Russia and Iran may extend agreement on program “Oil for goods”

The Russian Energy Minister Alexander Novak said that Moscow and Tehran could extend an agreement on program "Oil for goods" for another five years.

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Rosnedra: A new oil deposit is discovered in Yugra.

A new oil deposit has been opened at the Slavneft-Megionneftegaz Lugovo field. According to preliminary estimates, its potential geological reserves exceed 2.3 million tons of oil.

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Russian dependence on oil doesn’t disappear

According to business ombudsman Boris Titov, the updated forecast of the Ministry of Economic Development of the Russian Federation speaks about stagnation in the country's industry, as well as

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In Q1 Polymetal increases production of precious metals by 5% y/y.

In Q1 2018 one of the largest producers of precious metals in Russia increased metal mining by 5 percent in annual comparison to 295,000 troy ounces in terms of gold equivalent, the company infomed

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Volume of trade in oil products at SPIMEX grows by 2.9% to 4.554 mln tons

In the first quarter, volume of oil products trading at SPIMEX increased by 2.9% compared to the same period of 2017. This was reported by the press centre of the St.

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In 2018 the mining enterprises of Mechel to be supplied with 90 units of new equipment.

The leading Russian mining and metallurgical company PJSC Mechel announces the acquisition of ten BelAZ dump trucks under leasing agreements with the State Transport Leasing Company (STLC).

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